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One of the most common questions we receive as Bali’s leading property consultant and villa property agent is “what are the costs of living like in Bali like now?”

Since the pandemic ended, tourism has thankfully recovered. This means that prices and the cost of living on the island has returned to normal. The good news is that living in Bali is incredibly affordable. This is especially true if you’re earning money in a stronger foreign currency, which means you can enjoy great value for money on everything from accommodation to food, entertainment, transportation, amenities and more.

Do bear in mind though that the cost of living in Bali and anywhere in the world can vary depending on various factors and on your personal habits. Whether you are the type of person who likes to live lavishly or economize, at the end of the day, your monthly or yearly budgets really depend on you.

To give you an idea of how affordable it is for a family or a digital nomad to live in Bali, you can check the current dollar to rupiah exchange rate. At the moment, it is approximately USD 7 to every IDR 100,000. This makes Bali a relatively affordable place to live, especially when compared to other major cities in the region.

Here’s a rough breakdown of how much living in Bali could cost you:

Apartment or Villas

Accommodation is one of the biggest expenses in Bali, but it is also the most important. Remember that the cost of your villa or apartment can vary greatly depending on the location, type of property, and amenities.

Renting a family-friendly villa in the most popular areas of Seminyak, Canggu, Uluwatu, Ubud or Sanur can cost you anywhere from IDR 200 million to IDR 800 million a year. The costs would come fully furnished and inclusive of cleaning, maintenance and upkeep, night security, water, rubbish collection, parking space, banjar fees and wifi.

Meanwhile, a modern, chic and trendy apartment for digital nomads in Canggu or Seminyak would range between IDR 80 million to IDR 300 million a year and would also come fully-furnished and inclusive of cleaning, maintenance and upkeep, night security, water, rubbish collection, banjar fees, parking space and wifi.

Begin the search for your Bali villa for rent yearly or apartment for monthly or long-term rent in Bali by clicking here.

Dining

Food is also relatively affordable in Bali, for both local and international cuisines. Street food and local warungs (small eateries) offer affordable meals for as little as USD $1 to USD $2 per dish. Prices would understandably be higher if you prefer to dine out at speciality restaurants, trendy cafes or at the beach clubs.

Groceries

Fresh local vegetables and fruits, meat, eggs and poultry are all available at standard market rates and are even cheaper if you shop at the local wet markets. Most expats and foreigners would shop at air-conditioned supermarkets which also offer a fresh bakery and imported goods. Do bear in mind that imported items would cost substantially more than local products here in Bali.

Scooter or Car Rental

Transportation is another expense to consider, especially if you plan on owning a car or bike. Gas prices are higher compared to other countries, and traffic can be quite congested in certain areas of Bali. However, public transportation such as buses and taxis are relatively affordable.

Overall, the cost of living in Bali can be affordable for many, but it ultimately depends on your lifestyle and preferences. It's recommended to research and plan your budget accordingly if you're considering moving to Bali.

Ready to live out your dream life here in Bali? Contact us now. Bali Coconut Living is a leading Seminyak-based villa property agent ready to assist you in buying, selling, and villa maintenance.

Feel free to browse through our listings of freehold or leasehold villas and apartments, available for sale and for rent in all of the most popular areas including Seminyak, Umalas, Uluwatu, Jimbaran and Canggu.